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Petrol price to increase by Rs. 2 per litre in July; diesel 3.75/litre

05:09 PM | 29 Jun, 2016
Petrol price to increase by Rs. 2 per litre in July; diesel 3.75/litre
LAHORE: The Oil and Gas Regulatory Authority (OGRA) Wednesday recommended the petroleum ministry to increase the price of Petrol by Rs. 1.93 per litre for the month of July 2016.

The price of petrol may go up from the existing Rs. 64.27 to Rs. 66.20 per litre, an increase of Rs. 1.93 (3 %).

According to the summary, the price of kerosene oil may be increased from Rs. 43.25 to Rs. 51.87 litre with an increase of Rs. 8.62 (19.9%).

Similarly, Light Diesel Oil (LOD) prices may be increased by Rs. 5.38 (14.2%), meaning the price will go up from Rs. 37.97 to Rs. 43.37 per litre.

The price of HOBC may rise by Rs. 3.53(4.9 percent) taking the rate to Rs. 76.21 from Rs. 72.68 per litre.

High Speed Diesel (HSD) is likely to face a hike of Rs. 3.75 (5.2 %) which would take the price to Rs. 76.27 per liter from the existing Rs. 72.52.

The new prices will be effective from July 1, 2016.

The author is working as Editor Digital Media for Daily Pakistan and can be reached @ItsSarfrazAli.

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 28 Feb 2024

Pakistani currency remains momentum against US dollar in the open market on February 28, 2024 (Wednesday).

US Dollar rate in Pakistan

In the open market, the US dollar moves up and currently hovers at 282 for buying and 282.25 for selling.

Euro currently stands at 303.1 for buying and 306.1 for selling while British Pound rate stands at 351.6 for buying, and 355.1 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.25.

Today’s currency exchange rates in Pakistan - 28 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 282 282.25
Euro EUR 303.1 306.1
UK Pound Sterling GBP 351.6 355.1
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.25 75.05
Australian Dollar AUD 181.1 183.1
Bahrain Dinar BHD 742.91 750.91
Canadian Dollar CAD 207.1 209.1
China Yuan CNY 38.87 39.27
Danish Krone DKK 40.61 41
Hong Kong Dollar HKD 35.75 36.1
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 905.46 914.46
Malaysian Ringgit MYR 58.5 59.1
New Zealand Dollar NZD 173.05 175.05
Norwegians Krone NOK 26.41 26.71
Omani Riyal OMR 725.54 733.54
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207.15 209.15
Swedish Korona SEK 27.04 27.34
Swiss Franc CHF 317 319.5
Thai Bhat THB 7.76 7.91

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